Nomura analyst Masataka Kunugimoto downgraded Honda to Neutral from Buy with a price target of 4,900 yen, up from 4,500 yen. While the firm says it “likes” shareholder returns, it also argues that the rising share price has reduced the potential upside.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on HMC:
- Freshworks (NASDAQ:FRSH) On the Radar: Generative AI, Larger Customer Base
- Honda Motors (HMC) Q4 Earnings Cheat Sheet
- Honda reports April U.S. sales up 24.5% to 116,082 units
- Honda, GS Yuasa to invest over JPY400B to develop, produce EV cells, Nikkei says
- This International ETF is Beating the Competition and Yields 4%+